designing and controlling the process of production and redesigning business operation in the production of goods and services.
Answer: The correct answer is "B. $10,000; 4%; four years".
Fred purchases a bond, newly issued by the Big Time Corporation, for $10,000. The bond pays $400 to its holder at the end of the first, second, and third years and pays $10,400 upon its maturity at the end of four years. The principal amount of this bond is <u>$10000,</u> the coupon rate is <u>4%,</u> and the term of this bond is <u>four years.</u>
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Explanation: The maturity of the bond is at 4 years.
Its future value or face value is 10000.
The coupon rate is equal to
x 100
So Coupon rate =
x 100 = 4%
Answer:
$30,000
$20,000
$10,000
Explanation:
Reserves is the total amount of a bank's deposit that is not given out as loans
Reserves = Deposits - outstanding loans
$100,000 - $70,000 = $30,000
Required reserves is the percentage of deposits required of banks to keep as reserves by the central bank
Required reserves = reserve requirement x deposits
0.2 x $100,000 = $20,000
Excess reserves is the difference between reserves and required reserves
$30,000 - $20,000 = $10,000
Accounts receivable is the debit to record a purchase order received. Hence, option A is correct.
<h3>What is Accounts receivable?</h3>
Accounts receivable refers to the sum of money due to a company for goods or services delivered or utilized but not yet paid for by customers. Accounts receivable are listed as a current asset on the balance sheet. The term "AR" refers to any money that clients owe for purchases they made using credit.
Accounts receivable are the unpaid obligations owed by customers for products or services they have received but have not yet paid for.
Thus, option A is correct.
For more details about Accounts receivable, click here:
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